Why is bitcoin hanging around 2300$?

oudekaas (54)in #bitcoin • 9 years ago (edited)

At a price of 2300$ a bitcoin I am not sure why things are balancing out, it is time to understand that the miners don't want anything to happen to bitcoin that will negatively affect them. So I have decided that I am not at all worried about the future of Bitcoin. It will continue to grow and we will continue to find solutions.
Bitcoin has seen far worse issues in the past and resolved them. This is mainly because we all want bitcoin to be succesful.

The info that was available to us when bitcoin climbed to 2900$ is still the same, u either believe in a solution or you don't.
I think in general if you sell now and a solution is presented on 1st august u probably wished you didn't sell as the almighty rocket to the moon will be difficult to hop on too.

Anyway just wondering wha your general thoughts and sentiment are on bitcoin right now. There seems strong support at the 1700-1800 level so if bitcoin does drop to these levels I am ok with that, what I feel is worse is missing a potential rise in bitcoin.

#doubt #investment #hold

9 years ago in #bitcoin by oudekaas (54)

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elaine54 (53) 9 years ago

I lost some sleep but held most of mine, apart from a bit used to power up here. Hopefully the rise of the last day or two signifies the end of our worries. What's with the odd u thrown in to the text here? A reversion to text speak? Thanks for a reassuring post to people like me who haven't held coins long enough to have seen its previous problems, and also a timely reminder to those who might have forgotten about them.

$0.54

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